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SHOP Sep 2024 70.000 call
| Previous close | 14.0500 |
| Open | 5.0500 |
| Bid | 4.9000 |
| Ask | 5.0000 |
| Strike | 70.00 |
| Expiry date | 2024-09-20 |
| Day's range | 4.1500 - 5.3000 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.77k |
- Yahoo Finance Video
Affirm stock begins sinking and analysts are blaming Shopify
All was looking brighter than expected for fintech company Affirm (AFRM) after it reported fiscal third-quarter earnings this morning — it saw revenue skyrocket by over 51% annually and narrowed its losses per share — until its stock made a U-turn intraday. Affirm shares have fallen by as high as 10% in Wednesday's session. Who or what is to blame? Possibly Shopify (SHOP), according to analysts. Market Domination Anchors Julie Hyman and Josh Lipton deep dive into these two stocks that are finding themselves under pressure after reporting earnings. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Earnings, DOJ's Tesla probe, Reddit's guidance: 3 Things
Uber (UBER), Lyft (LYFT), Twilio (TWLO), and Shopify (SHOP) are the latest companies to report earnings after the bell on Tuesday and before Wednesday's market open. The US Department of Justice (DOJ) is looking into supposed securities and wire fraud as part of its probe into Tesla's (TSLA) Autopilot capabilities and full-self driving functions, according to a Reuters report. Reddit (RDDT) shares continue to surge in Wednesday's pre-market session after topping first-quarter earnings estimates and reporting a spike in daily active users. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Reuters
CANADA STOCKS-TSX gives up win streak as Shopify posts record decline
Canada's main stock index fell on Wednesday as Shopify's downbeat forecast for revenue growth hammered technology shares and investors took stock of recent gains for the market that had taken it within striking distance of a record high. The Toronto Stock Exchange's S&P/TSX composite index ended down 31.46 points, or 0.1%, at 22,259.16. It had closed higher in the previous five sessions on rising optimism that the Federal Reserve's next move would be to cut interest rates.
